GoodGang Labs attracts $2 mn from Kakao Investment
South Korea's GoodGang Labs, a startup focused on developing a 3D avatar-based communication platform, announced on Thursday that it has secured an ...
Samsung Electronics' smart factory project targets SMEs
Sales of Cookia, a small maker of tofu snacks in South Korea based in Yeosu, South Jeolla Province, have jumped eight-fold in six years from 300 mil...
CJ dreams to build new kingdom in US with massive investment
CJ Group, a major South Korean conglomerate with a wide range of businesses spanning everything from food to bio, livestock feed, logistics, enterta...
SK On wins $909 mn from BlackRock, QIA, MBK consortium
SK On Co., the world’s fifth-largest battery maker, has confirmed it will receive a 1.2 trillion won ($908.7 million) investment for a minorit...
S.Korea’s direct investment abroad hits record high in Q1 2023
South Korea’s net international investment position (NIIP) increased in the first quarter on the country’s record-high direct investment...
ASM to invest $100 mn to expand R&D facilities in S.Korea
The Netherlands-based semiconductor equipment maker ASM will invest $100 million (132 billion won) to boost its R&D and production capacities in...
Find opportunities amid macro uncertainty in 2023: M&G
Markets today are in the midst of a shift as interest rate hikes are nearing their end and economic growth is challenged. Other changes in demogra...
Music copyright trading platform Musicow attracts $46 mn from STIC
Musicow Inc. has garnered an additional 60 billion won ($45.8 million) from Seoul-based venture capital and private equity firm STIC Investments Inc...
CrystalGenomics to sell largest 20% stake to Invites Healthcare for $44 mn
CrystalGenomics Inc., South Korea’s first-generation biopharma venture company, will sell new shares worth 58 billion won ($44 million) in a b...
Korea's two ride hailing apps to merge in H1, become top operator
South Korea’s ride hailing apps TADA and i.M are set to complete their merger as early as the first half of this year, aiming to become the co...
Hyosung Chemical makes emergency investment in crisis-hit Vietnamese subsidiary
Hyosung Chemical announced on Monday that it will invest $120 million in its Vietnamese subsidiary, Hyosung Vina Chemicals Co.Hyosung Vina Chemicals...
UAE to find $2 bn investment opportunities in S.Korea
The United Arab Emirates (UAE) is reviewing $2 billion worth of investment project in South Korea, such energy and information communications techno...
UAE state funds gear up for $30 bn S.Korean investment
Senior officials of the Abu Dhabi Investment Authority (ADIA) and other major sovereign funds of the United Arab Emirates (UAE) met with executives ...
Korea's SK E&S plans $14 bn joint investment in hydrogen biz
South Korea’s SK E&S Co. is poised to spend 18.5 trillion won ($13.9 billion) with partners by 2025 to set up a hydrogen industry value ch...
Sartorius to build $600 mn Korea facilities, open to more investment
Sartorius AG, a global pharmaceutical and laboratory equipment supplier, plans to spend $600 million on its first facilities in South Korea, about s...
Nexen Tire invests $1.3 bn to build US factory
South Korea's Nexen Tire Corp. plans to invest $1.3 billion (1.73 trillion won) to build its first-ever factory in the United States. Starting fro...
Secondaries, debt attractive for portfolio stability: Korean CIOs
South Korean institutional investors find secondaries and private debt attractive amid the darkening economic outlook, chief investment officers (CI...
S.Korea, Canada to bolster key minerals supply partnership
South Korea and Canada will make close cooperation to strengthen their supply chains of critical minerals such as uranium and nickel, key materials ...
Korean institutions eye investment in OpenAI at $40 bn valuation
OpenAI, the world’s most well-known artificial intelligence lab, is tapping South Korean institutional investors for investment at an estimate...
Apple, Samsung in distinct cash management styles
The world’s two leading smartphone makers Apple Inc. and Samsung Electronics Co. employ different management strategies for their surplus mone...
Samsung to invest $221 mn to build R&D chip line in Japan: Nikkei
Samsung Electronics Co. will build a prototype chip production facility in Japan for 30 billion yen ($221 million) to develop next-generation back-e...
Hyundai to invest $2.45 bn in India, eyes spot in global EV top 3
South Korea’s top automaker Hyundai Motor Co. will invest 200 billion rupees ($2.45 billion) in the Indian state of Tamil Nadu over the next d...
S.Korea to invest $2.6 bn in quantum technology by 2035
South Korea will spend 3.5 trillion won ($2.6 billion) on quantum science and technology development by 2035 in partnership with the country’s...
S.Korean kitchen robot startup Wave attracts $3 mn investment
South Korea's kitchen robot startup Wave Lifestyle Technologies announced on Tuesday that it has raised a Series A1 investment of 4 billion won ($3 ...
Hyundai Rotem, Hana Bank to promote private railway project
Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, announced on Monday that it has signed an infrastructure fund inve...
Alternative investment forum ASK 2023 to kick off May 17 in Seoul
South Korean institutional investors, including the world’s third-largest pension fund National Pension Service (NPS), and global asset manage...
POSCO International aims to join Top 10 global food enterprise
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc. , has unveiled an ...
POSCO Holdings to produce nickel in Indonesia
POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker, will directly produce nickel, a key material for sec...
LS Cable completes undersea HVDC cable plant
South Korea’s major cable manufacturer LS Cable & System Ltd. has completed the construction of Asia's largest high-voltage direct curre...
SK Bioscience to invest $1.8 billion, seeks M&As for inorganic growth
SK Bioscience Co., the drug-making unit of South Korea’s SK Group, plans to spend 2.4 trillion won ($1.8 billion) over the next five years and...
